Korea Gas Corp. will receive Peru cargo at Pyeongtaek

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Korea Gas Corp. will receive Peru cargo at Pyeongtaek

Korea Gas Corporation (Kogas), the world’s largest buyer of liquefied natural gas, will receive spot cargo from Peru at its Pyeongtaek terminal in Gyeonggi.

The Sevilla Knutsen, with 173,400 cubic meters of capacity, arrived at Pyeongtaek, on the western coast, according to ship transmissions captured by IHS Fairplay on Bloomberg. The vessel loaded its cargo at Peru LNG’s terminal at Pampa Melchorita and departed March 19.

Kogas, had a one-year contract with Peru LNG for 900,000 metric tons of LNG that began in 2011 and ended last year, according to data compiled by Bloomberg. A Kogas official didn’t respond to a call to his office number near Seoul or an e-mail seeking comment.

Officials from Dallas-based Hunt Oil, the majority shareholder and operator of the South American LNG producer, and Peru LNG didn’t respond to an e-mail request seeking comment outside of office hours.

Bloomberg

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